Word: scheme
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Dates: during 1980-1989
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There was something about the scheme that just did not compute. Under a recent contract between the federal Department of Housing and Urban Development and the U.S. prison system, 45 inmates at the Federal Correctional Institution in Lexington, Ky., were set to work entering data from thousands of applications for FHA insurance into a computer. But Beverly Hirsch, 36, who is serving a 40-year sentence for credit-card and check fraud, was surprised to see that some forms carried not only information on applicants' income and debts, but their bank-account and credit-card numbers as well. "The information...
...apparent extortion scheme suggests that the current intrigue between the Mob and Hollywood may be every bit as spicy as it was in Lansky's heyday. MCA, Inc., the conglomerate seeking video rights to the movie, has suspended Eugene Giaquinto, president of its Home Entertainment Group, following reports that the FBI was investigating his possible ties to organized crime. For at least a year, FBI agents have been tapping the phones of Giaquinto and others in the industry who were heard discussing contacts with mobsters like New York's Gambino-family boss, John Gotti. The eavesdroppers have listened to talk...
Paralleling the U.N.'s efforts, multilateral financial institutions have a crucial role to play. The World Bank, which lends money for Third World development projects, was long criticized by environmental groups for backing large, ecologically unsound programs -- a cattle-raising scheme in Botswana that led to overgrazing, for example. During the past few years, however, the World Bank has been seeking to factor environmental concerns into its programs. One product of this new approach is an environmental action plan for Madagascar. The 20-year plan, which will be drawn up jointly with the World Wide Fund for Nature, aims...
...president of the Worldwatch Institute. "In some countries there may be a need to set a goal of one child per family." That is a daunting challenge. During the past decade, many of the world's poor nations condemned the notion of family planning as an imperialist and racist scheme touted by the developed world. Yet today virtually all Third World countries are committed to limiting population growth...
...topple the mighty, Tokyo's widening stock scandal is turning into a Japanese version of Watergate. Since July, when the daily newspaper Asahi Shimbun accused 76 highly placed political and business leaders of unethical trading in shares of the real estate firm Recruit Cosmos, 20 people implicated in the scheme have given up their posts. Last week Hisashi Shinto, 78, chairman of the giant firm Nippon Telegraph & Telephone, resigned after admitting that his bank account contained $73,000 in profits from the Recruit deal. Just five days earlier, Finance Minister Keiichi Miyazawa had departed under a similar cloud...